International & Reinsurance News for November 2012
- Ratings Recap: Mansard, Custodian & Allied, Ability Re, TATIL
- S&P Report: Reinsurers Discuss Industry Lessons Learned From Hurricane Sandy
- Willis North America to Acquire Canadian Benefits Broker Avalon Actuarial
- Euler Hermes and MAPFRE Form ‘Solunion’; a New Credit Insurance Venture
- French Court Clears Continental of Criminal Liability for 2000 Concorde Crash
- Carr Joins Mitsui Sumitomo at Lloyd’s to Expand Marine Liability Market
- South to Head Marsh’s Combined Asia-Pacific; Piccolomini Continental Europe
- Flagstone Re Shareholders Approve Acquisition by Validus
- Climate is ‘Changing before our Eyes’ Says World Meteorological Organization
- Munich Re Study Focuses on Rising ‘Cyber Crime’
- Franzén Appointed Chairman of EDHEC-Risk Institute’s Int’l. Advisory Board
- Colombia to Offer Climate Change Insurance to Coffee Farmers
- Willis Provides Expertise to UK Government Report on Cat Models/Risk Reduction
- UN Report: Melting Permafrost Seen as New Peril in Global Warming
- Best Affirms Zurich Insurance and Group ‘A+’ Ratings; Outlook Stable
- AIR Analyzes Heavy Impact of UK Floods; 2012 Losses ‘Above Average’
- Taiwan to Pay Life Insurer Transglobe $3 Billion in Record Bailout of Rival
- Swiss Re to Invest $500 Million in Europe Infrastructure Debt through Macquarie
- Lloyd’s Report Focuses on ‘Gap’ in Disaster Costs and Insurance Coverage
- Best Assigns ‘A’ Ratings to Qatar Insurance SAQ and Main Subs
- GAC Maritime Security to Provide PirateFence™ Vessel Protection
- Euro Zone, IMF Secure Deal on Cutting Greek Debt
- New Land, but also Costs, as Nordic Nations Rise from the Sea
- Brace to Join Catlin as Group Claims Director
- RSA Group Names Scicluna as its new Chairman
- Swiss Re Estimates Claims from Hurricane Sandy at around $900 Million Net
- China’s Ping An Considers Legal Action vs. NY Times after Family Wealth Exposé
- As UK Floods Continue, ABI Urges Progress on Stalled Insurance Talks
- EU’s Debt Crisis Saps its Ability to Lead Climate Change Debate
- AIG, Others to Take up Half of China PICC’s $3.6 Billion Hong Kong IPO
- Swiss Re Sigma Study Analyzes Changes to Insurance Accounting Practices
- Endurance Acquires Galileo Weather Risk; Launches Global Weather Service
- Aviva Names ex-AIA Chief Wilson as New CEO
- ABI Analyzes Effect of Upcoming Gender-Neutral Insurance Pricing
- Allied World Europe Expands Primary Professional Liability Product Suite
- Best’s Special Report on Columbia Cites Growth, Regulation
- Endurance Appoints Kuhn as CEO – Global Insurance
- Global Investors Call for Action on Serious Climate Danger
- ING in New Deal with EU over State Aid, Punishment
- UN Security Council Debates Spread of Piracy
- Senior Reinsurance Execs to Join Q-Re in Establishing ‘Global Franchise’
- World Economic Climate Continues to Decline: ICC/Ifo Survey
- HSBC in Talks to Sell $9.3 Billion China Ping An Stake
- Best Affirms Torus Group Ratings; Outlook Stable
- Ratings Recap: Talanx Re, Nissan Global, Harmony, JEVCO
- Best Affirms Allied World and Subs Ratings; FSR Outlook Stable; ICR Positive
- UPDATE: China’s PICC in Talks with AIG as Buyer for $4 Billion HK IPO
- Best Revises ICR Outlook to Negative for QBE Group and Subs; Affirms Ratings
- Best Affirms Aspen UK, Bermuda and Subs Ratings; Outlook Stable
- Ironshore Names Scully Global Chief Actuary
- Aon Benfield’s Impact Forecasting Launches Algeria, Morocco Quake Models
- AIR Announces Deal with Navigators for Cat Models
- China’s PICC Group to Raise up to $4 Billion in Hong Kong IPO
- Iran Oil Liability Fears Grow as Insurance Ban Bites
- Zurich’s 9-Month Business Operating Profit Flat at $3.2 Billion
- RenRe Appoints O’Donnell as President, Global Chief Underwriting Officer
- Willis WCMA Reports Sandy’s Cat Bond Impact Likely to be Muted
- Willis Launches ‘DARCstar’ Directors’ All Risks Cover in Asia-Pacific Region
- Best Affirms Markel International, Lloyd’s Syndicate Ratings; Outlook Stable
- China’s State Insurers Give ‘Thumbs Up’ to Party with 50-year Bond Buy
- EU Fails to Fill Cash Gap as Climate Talks Loom
- Toyota to Recall 2.77 Million Vehicles for Steering, Water Pump Problems
- EU, IMF Clash over Greece Revives Debt Crisis Fears
- Miller Appoints Robinson to Further Enhance Marine Growth
- CCRIF Partners with Seismic Research Center for Quake, Volcano Risk
- UK Business Group Calls for Limit to PPI Compensation – Report
- Thoughts on a Day to Remember and Honor Those Who Fought
- IMF Urges Permanent Fix to U.S. ‘Fiscal Cliff’
- Guatemalans Huddle in Streets after Deadly Quake
- Risk Managers’ Top 3 Concerns: Interest Rates, Currency Markets, Regulations
- Insurer Aviva Nearing Sale of U.S. Business
- Xchanging Secures Lloyd’s Claims Reporting Contract
- Zurich Names Welton Group Chief Marketing Officer
- 7.4 Magnitude Quake Shakes Active Guatemala Region: AIR Analysis
- Swiss Re Posts $2.2 Billion Q3 Net Income
- Outsourcing Failures Now in Top 3 as Causes of Supply Chain Disruption
- Canopius’ Chief Inga Beale Stresses ‘Client Focus’ for European Success
- Munich Re Raises 2012 Profit Forecast on Stronger 9-Month Results
- Mapfre Concludes $1.284 Billion Senior Debt Issuance
- Which Insurance Products Do Europeans Rate Tops? Zurich Survey Answers
- Foreign Insurers Enter Myanmar Market with Hope, Caution
- Berkley Technology to Cover U.S. Tech Business through Lloyd’s
- Hub International Acquires Canada Broker Huestis Commercial Insurance
- Xchanging Speeds up London Market BI Recovery – 24 Hours to 15 Minutes
- Zurich/Advisen Poll Finds Cyber Risk Awareness Increasing
- Hannover Re Sees Little Sandy Impact; Raises Profit Forecasts
- Aon Benfield Launches Swiss Flood Model w/ Latest Hazard Data
- UK Drivers Poor Eyesight Costs $52.7 Million a Year Says RSA Report
- Zurich Names Hartigan as CEO Global Life for Pacific, Middle East
- Xchanging Unveils Plans for More Asian Expansion
- U.S. ‘Fiscal Cliff,’ Europe’s Debt Woes Worry G20
- Insurance Fraud Specialist Armour Group Concludes UK Sub Deal
- Ireland Sentences Failed Tycoon Quinn to Jail
- Investors Skirt New Shorting Curbs to Bet on European Union Woes
- Bermuda’s SAC Re Adds 4 to Property Reinsurance, Finance, Risk Management Teams
- China’s Ping An Insurance Reports Profit Up 20.6%
- Haste Named Lloyd’s Deputy Chairman
- London Broker Miller Names Plato to Marine Hull Team
- Barclays Facing New U.S. Investigations
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